Appolo Tyres
The stock faces immediate resistance close to the level of 69.65, closing above this level may take up the stock till the levels of 72-75 while it faces support at 64.25, closing below this level may take down the stock till the levels of 60.Hero Honda
The stock is moving sideways, need to wait for cross of mentioned levels on either side.the stock faces immediate resistance close to the level of 2065, closing above this level may take up the stock till the levels of 2090 while it faces support at 2015, closing below this level may take down the stock till the levels of 4985.
Bank Sectors
Vijaya Bank
Vijaya Bank is trading near to the 52 week high (52 week high 65.90) it was in an uptrend form the last 2-3 months now it is moving sideways from the last few trading session. It has taking resistance at 65.40 and support at 63.05 trading above the resistance level makes it in bullish trend below 63.05 it would might face selling pressure.
UCO Bank
UCO Bank trades with the low volume from the last 2-3 days it is moving sideways now it is taking resistance at 79 and support at 76.50. Trading above the resistance level make it in a bullish trend else it has support level of 76.50 below this level it would might face selling pressure.
Oil & Gas Sector
HPCL
HPCL is looking strong on charts and has closed above the resistance of 425 and in near future may hit 450, so buying on dips will be a good strategy to trade this stock till it manages to stay above 425 levels.
ESSAR Oil
Essar oil is facing huge resistance at 142-145 levels and is looking weak on charts it may continue to move down to 135 -132 levels in near future. Selling on rise will be good strategy to trade this stock, till it stays below 145 levels.
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